MFSA Issues Consultation On Proposed CASP Return

CASP Return

On the 6^th of January 2025 the Malta Financial Services Authority (the "MFSA") published:

1. A consultation document (the "Consultation") which applies to all crypto-asset services providers (CASPs) licensed under the Markets in Crypto Assets Act (the "Act");
2. Guidance notes on the compilation of the CASP Return (the "Guidance Notes"); and
3. A CASP Regulatory Documentation Submissions Guide which provides insight on the documentation to be submitted as well as the submission date and method of submission.

The Consultation is being published in view of the entry into force of the Act, which transposes the Markets in Crypto-Assets Regulation ("MiCAR"). The approach in this consultation is to propose a new regulatory return (the "CASP Return") which is a crucial tool designed to collect and disseminate data for CASPs. This proposed CASP Return is structured to align with the activities of Authorised Persons whilst ensuring effective supervision.